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SMME Support as of July 2020

What the Renewable Energy (IPP) Projects have contributed to the Small Medium Micro Enterprises in South Africa

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The purpose of this presentation is to provide the information on what the Renewable Energy (IPP) Projects have contributed to the Small Medium Micro Enterprises in South Africa.

AFRICOAST ENGINEERS SA ESTABLISHES RENEWABLE ENERGY COMPANY

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Renewable energy engineering firm AfiCoast Engineers SA has announced that a new company,
AfriCoast Energy, will now be responsible for all future renewable energy projects - particulary
wind and solar - while it will also play a key role in guiding AfriCoast Engineers' current
basket of renewable energy projects.
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Industry News

South Africa's R105bn hydrogen project advances to front-end engineering design stage

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Following go-ahead for the required renewable energy generation, South Africa’s R105-billion Coega Green Ammonia project in Nelson Mandela Bay has now advanced to front-end engineering design (FEED) stage, so that construction can potentially begin in early 2027 and commissioning in December 2029. Environmental impact assessment work on all of Hive Hydrogen's 3 300 MW of renewable energy assets is now concluded, following the securing of environmental authorisation for the 1 000 MW Carissa wind energy facility, near Beaufort West, in South Africa’s Western Cape province.

Citrus season nears final inspection day for fruits destinated for Europe

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As the final day for inspection of Valencia oranges destined for Europe nears on September 20, which will conclude the 2025 export season, the Citrus Growers’ Association of Southern Africa (CGA) and the Fresh Produce Exporters Forum (FPEF) confirm that consumers in Europe have shown exceptional appetite for South African citrus. “Local citrus growers have packed substantially more product for Europe than ever before,” the industry organisations state.

Ford recalls more than 5 500 Rangers

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Car manufacturer Ford Motor Company of Southern Africa (FMCSA) has recalled certain 2025 and 2026 Ranger vehicles, citing safety concerns. FMCSA said it has identified that, in the affected vehicles, drivers might feel a change in pedal feel or travel with an increase in pedal efforts needed to brake the vehicle owing to a loss of the brake boost feature.

Ascendis considers JSE delisting with conditional 97c a share buyback offer

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JSE-listed health and wellness company Ascendis Health has started a process that could lead to the company being delisted from the exchange. As part of this process, the company has made a conditional proposal to buy back its ordinary shares, excluding treasury shares, from shareholders who choose to sell. The proposed cash price for the buyback is 97c a share.

IEA lowers 2030 low-emissions hydrogen production outlook

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The International Energy Agency (IEA) has lowered its outlook for the amount of low-emissions hydrogen it expects will be produced yearly by 2030, following recent project delays and cancellations. The low-emissions hydrogen tracked by the IEA includes green hydrogen produced using electrolysis, as well as hydrogen produced from fossil fuels but where the carbon emissions are captured.
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